Last 24 Hours
$2,164,000
NAL Estimated Property Value521 Michelle Way, Fairview, TX, 75069
$2,804,892 ARV
Off Market
4 Beds
7 Bath
8,125 Sq Ft
Unimproved Land
Built in 2024Highlights
Interior
Bedrooms 4
Bathrooms Full 7.5Exterior
Lot Size3.12 acres
Building Information
Year Built2024
Stories2
Land Information
APNR-11353-00A-0150-1
Lot Number15
SubdivisionHarper Landing Addition (Cfv)
Land UseResidential
Legal DescriptionHARPER LANDING ADDITION (CFV), BLK A, LOT 15
Census Tract031420
Assessed Land Value$1,114,685
Assessed Improvement Value$779,449
Assessment Year2025
About this property
Build on this HUGE , beautiful lot located in the highly sought after exclusive community of Harper Landing. You will have incredible tree lined view that backs Sloan Creek. You can have swimming pool and basketball court too. Great location close to Highway 75 , Hwy 121 , shopping, restaurants and many more entertainment options. Love joy ISD is highly rated and great for the kids.
Investor Tools
$2,164,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,164,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$2,804,892
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,984 /month
Positive
Cash Flow Estimate:
$4,328 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,479/month
$1,200/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,928
$1,894,134
2025
$1,114,685
$779,449
$1,894,134
No
Tax History
Year
Tax Paid
Assessed Value
2024
$18,928
$1,894,134
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,164,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,200/mo
+$1,372/mo
1.4%
12.4%